A multi-car policy is one that provides coverage for two or more cars. The coverage levels for the cars are the same. And the benefits are also the same as those of a single-car policy. Besides, some insurers may allow you to insure up to 5 cars under one policy.
You must buy multi car insurance coverage when you have two or more cars in your household. Most of insurers will charge you much less if you insure two or more cars. You just have to insure them under one single insurance policy. But you need to make sure that there is a multi-car breakdown coverage feature in the car policy.
You will benefit the most from a low-cost multi-car coverage if you:
1. Are married and your spouse and you both drive separate cars?
2. And your family members drive different cars and you own those cars.
3. Are the owner of two or more cars and want to get them insured?
A multi-car coverage works in a way that is similar to the manner in which a single-car coverage works. If you insure two or more cars on one car policy then you will save money. This is due to the fact that insurers offer multi-car discounts for each car that is insured on the same policy. But insurers may not provide coverage for more than five cars under one car policy. Besides, you can list other licensed drivers on such car coverage. it is possible to get multi-car coverage that fits your needs.
Yes. You can share the multi-car policy with another driver. But the driver must be staying with you in your home. And apart from having the same residential address, the driver needs to be listed on your multi-car policy. Only then can you file a claim if such a need arises?
Most of insurers will allow you to insure multiple cars under one car policy. But the exact number of cars that you can insure with one car policy will depend on the company with which you are working. Some insurers may insure 4 to 5 cars on one policy. You need to find them and get free quotes. You need to check it out for your case as to how many cars you can insure under one policy. Just compare the car coverage features and rates to find the best as well as the cheapest proposal for you.
